Every 8-K that W&T Offshore, Inc. (WTI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow WTI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WTI filings page.
W&T Offshore, Inc. (WTI) amended its credit agreement effective October 1, 2026, converting its existing $50.0 million revolving credit facility into a reserve-based revolving facility. The amended facility has an aggregate maximum credit amount of $100.0 million, with initial elected commitments and an initial borrowing base each set at $50.0 million. Borrowing availability is limited to the least of the borrowing base, elected commitments and maximum credit amount; the initial borrowing base remains $50.0 million until the next scheduled redetermination.
The facility matures on the earlier of July 28, 2028, and the date six months before the stated maturity date of the Senior Second Lien Notes. The amendment removes the cash sweep, quarterly clean-down and asset coverage test, raises restricted-payments capacity 50% to $15 million, and leaves pricing and financial covenants unchanged; no amendment fees apply. W&T reported approximately $234 million of total liquidity entering the fourth quarter of 2026.
W&T Offshore, Inc. entered into a First Amendment to its Amended and Restated Employment Agreement with its Chief Executive Officer, President and Board Chairman, Tracy W. Krohn, effective August 5, 2026. The amendment addresses Mr. Krohn’s ongoing cash compensation.
Under the revised agreement, Mr. Krohn’s annual base salary will be no less than $1,000,000. This amount will be reviewed annually by the Board or a committee and may be increased from time to time, but it may not be reduced. All other material terms of his employment agreement remain unchanged.
W&T Offshore reported strong second-quarter 2026 results, with total revenues of about $162.6 million, up 8% sequentially and 33% year over year. Net income was $12.6 million, or $0.08 per diluted share, compared with losses in both the prior quarter and prior-year period. Adjusted EBITDA was $54.4 million and Free Cash Flow was $31.4 million; for the first half of 2026 the company generated almost $110 million of Adjusted EBITDA and over $50 million of Free Cash Flow while reducing Net Debt.
Production was 3.16 million Boe, near flat year over year, but the average realized price per Boe rose 11% from the first quarter to $50.23. Lease operating expenses per Boe fell versus a year ago and came in below the low end of guidance, while Adjusted G&A declined slightly versus the first quarter as a share of volumes. As of June 30, 2026, available liquidity was $194.1 million, including $150.7 million of cash, with Net Debt of $200.9 million and Net Debt to trailing twelve-month Adjusted EBITDA of 1.2x. The board declared a third-quarter 2026 dividend of $0.01 per share and issued guidance for slightly higher third-quarter production and higher 2026 capital and plugging spending toward the high end of prior ranges.
W&T Offshore, Inc. held its 2026 virtual annual meeting of shareholders on June 3, 2026. Shareholders approved an amendment to the 2023 Incentive Compensation Plan, increasing the number of shares of common stock available for issuance from 10,000,000 to 22,000,000, an increase of 12,000,000 shares, following prior board approval. All six director nominees, including Tracy W. Krohn and Virginia Boulet, were elected to serve until the 2027 annual meeting. Shareholders also approved, on an advisory basis, the compensation of the named executive officers and ratified Deloitte & Touche LLP as independent registered public accountants for the year ending December 31, 2026. The plan amendment and voting results are supported by detailed tallies, including strong majority support on most proposals.
W&T Offshore reported higher revenue and cash flow but remained unprofitable in the first quarter of 2026. Revenue rose to $150.0 million, up 23% from the prior quarter and 16% from a year earlier, driven by stronger realized prices and 19% higher production of 36.2 MBoe/d.
Lease operating expenses fell to $66.1 million and $20.29 per Boe, reflecting cost savings, while Adjusted EBITDA increased to about $55 million, 137% above the fourth quarter of 2025. The company still posted a net loss of $22.5 million, or $0.15 per share, mainly due to a $24.5 million derivative loss and interest expense.
W&T ended March 31, 2026 with $130.9 million in cash, Net Debt of $220.3 million and Net Debt to trailing Adjusted EBITDA of 1.5x. The board declared a second-quarter 2026 dividend of $0.01 per share and issued 2026 guidance showing planned capital spending of $19.5–$24.5 million and plugging and abandonment outlays of $34.0–$42.4 million.
W&T Offshore reported a larger net loss for 2025 but stronger operational metrics and a solid balance sheet. The company posted a full-year 2025 net loss of $150.1 million, or $(1.01) per diluted share, with Adjusted Net Loss of $55.1 million. Adjusted EBITDA was $129.6 million, down from 2024 mainly due to lower realized oil and NGL prices.
Production increased to an average of 34.0 MBoe/d (12.4 MMBoe) in 2025, up from 33.3 MBoe/d, helped by low-cost workovers and projects tied to the Cox acquisition. Year-end 2025 proved reserves were 121.0 MMBoe with a PV-10 of about $1.1 billion, and PDP PV-10 rose by $279.4 million to $829.2 million.
W&T ended 2025 with liquidity of $184.5 million, including $140.6 million in cash and Net Debt of $210.3 million, bringing Net Debt to trailing twelve months Adjusted EBITDA to 1.6x. The company spent $54.8 million in 2025 capital expenditures, kept a quarterly dividend of $0.01 per share, and issued 2026 guidance for average daily production of 33.5–37.2 MBoe/d, LOE of $264.7–$294.7 million, and capital expenditures of $19.5–$24.5 million.
W&T Offshore released preliminary 2025 results showing a net loss of $150.1 million, or $(1.01) per diluted share, compared with a net loss of $87.1 million in 2024. Revenue is expected to be $501.5 million, down from $525.3 million, with Adjusted EBITDA slipping to $129.6 million from $153.6 million.
Despite weaker earnings and Free Cash Flow falling to $1.5 million from $44.9 million, production edged up to 34.0 MBoe/d and available liquidity at December 31, 2025 is projected at $184.5 million, including $140.6 million of cash. Net Debt is expected to decline to $210.3 million, a $73.9 million reduction year over year, with Net Debt to Adjusted EBITDA at 1.6x.
W&T Offshore (WTI) furnished an update on its business by issuing a press release covering financial and operational results for the third quarter ended September 30, 2025. The company submitted the release as Exhibit 99.1 to an 8‑K dated November 5, 2025.
The disclosure was made under Item 2.02 and is designated as furnished rather than filed under the Exchange Act. Investors can reference the attached exhibit for the full third‑quarter results and commentary.
W&T Offshore, Inc. disclosed a material corporate action: on August 28, 2025 the company executed a First Amendment to its At-The-Market (ATM) Equity Distribution Agreement. The filing identifies this event as an "Entry into a Material Definitive Agreement" and lists the amended document among the exhibit materials. No pricing, capacity, dilution metrics, or issuer-side proceeds are provided in the text supplied, and the amendment's commercial terms are not described. The notice is signed by Sameer Parasnis, Executive Vice President and Chief Financial Officer, confirming the corporate authorization of the amendment.
The disclosure signals a change to the company’s equity issuance vehicle but does not include details on timing, share amounts, or anticipated capital-raising use. Because those specifics are absent, the immediate financial impact cannot be quantified from this content alone.